Oil

Former CEO of Cumberland Farms Gulf Oil Group Joe Petrowski forecasted on Monday that "retail gasoline prices will exceed $5" by the end of the summer.

The poorest Americans will pay more in taxes as a result of Democrats' inflation bill, a nonpartisan analysis concluded, despite President Biden's past pledges.

Energy firms ExxonMobil, Chevron and Shell all saw profits jump last quarter, when strong oil demand drove gas prices to the highest on record.

The Fed is widely expected to raise the Federal Funds rate by three-quarters of a percentage point, even as a new report reveals China has tried to undermine American monetary policy.

Experts slammed President Biden after he touted a modest decrease in gas prices, a change of tune from when the president said there was little he could do about surging costs.

Lower gasoline demand and weaker oil prices have been driving gasoline prices down from the record high on June 14 when prices were above $5 per gallon.

OPIS Global Head of Energy Analysis Tom Kloza discusses the energy crisis taking place in Europe as prices rise across the West and leaders push for a green agenda

Gazprom further reduced natural gas flows through the Nord Stream 1 pipeline to Germany on Monday as Europe scrambles for alternative energy supplies.

The Schork Group principal Stephen Schork weighed in on the economic landscape, arguing gas prices are starting to reflect demand destruction amid a "mild recession."

President Biden is destroying U.S. energy industry and ordinary Americans, especially in rural states like Montana, are suffering as a result of his actions.

U.S. Rep. Ro Khanna, a progressive from California, suggested that producing more goods in America rather than importing them from overseas will help lower inflation.

U.S. Oil and Gas Association President Tim Stewart provides expert analysis of the energy crisis as gas prices continue to drop for 38 consecutive days.